Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl

Debt
Direct
Credit Risk
Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl

About the Fund

Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 23 October, 2013. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl has ₹795 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl has given a CAGR return of 7.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.89%, 7.05% and 6.38% respectively.

Holdings

Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl has allocated its funds majorly in Real Estate, Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, The Tata Power Company Limited, Godrej Industries 0.0842%, Tata Projects Limited, Aadhar Housing Finance Limited

Taxation

As it is a credit risk mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl

The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA rated and below corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund.There is no assurance that the investment objective of the Schemes will be realised.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.79%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹795 Cr
Inception Date23 October, 2013
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
91.7%
Risk
Risk meter
pointer
Moderately High risk

Fund Distribution
as on (31-Dec-69)

  • Equity 2.1%

  • Debt & Cash 94.6%

Sector Allocation

May'24

Apr'24

Mar'24

Real Estate
100%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
10.65%
0%
The Tata Power Company Limited
The Tata Power Company Limited
8.64%
0%
Godrej Industries 0.0842%
Godrej Industries 0.0842%
6.29%
0%
Tata Projects Limited
Tata Projects Limited
6.26%
0%
Aadhar Housing Finance Limited
Aadhar Housing Finance Limited
5.63%
0%

Deepak Agrawal
Deepak Agrawal
Fund Manager of Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl, since 11 May 2010

Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.06% since inception which is more than its category average return of 5.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 2.08% in Equity, 90.42% in Debt and 4.13% in Cash related instruments
AUM size ₹795 Cr

AUM size ₹795 Cr

This fund has AUM of ₹795 Cr which is less than its category average of ₹ 1265 Cr
Expense Ratio 0.79%

Expense Ratio 0.79%

This fund has an expense ratio of 0.79% which is less than its category average expense ratio of 1.08%

Frequently Asked Questions

The current NAV of Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl is ₹10.45 as on 17-Sep-2021.
Existing (Absolute + CAGR) as on 17-Sep-2021.
Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.93%
0.93%
6 Month Returns
4.92%
4.92%
1 Year Returns
7.89%
7.89%
3 Years Returns
22.69%
7.05%
5 Years Returns
36.26%
6.38%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.79% as on June 2024
₹795 Cr as on June 2024
7.18% Govt Stock 2033(10.65%), The Tata Power Company Limited(8.64%), Godrej Industries 0.0842%(6.29%), Tata Projects Limited(6.26%), Aadhar Housing Finance Limited(5.63%) as on June 2024
Corporate(78.48%), Government(11.03%), Cash Equivalent(4.27%) as on June 2024
Yield to Maturity is 8.69 as on June 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.32 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
57.85
AAA
31.37
A
10.79
Deepak Agrawal is the fund manager of Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl
The Exit load of Kotak Credit Risk Fund Direct Weekly Payout of Inc Dis cum Cap Wdrl is 1%